It started off as an affordable housing destination; was then plagued by litigations pertaining to land acquisition; witnessed price escalation and higher FSI and density norms, and finally saw the emergence of premium housing, … READ FULL STORY
Private equity investment in the real estate sector, has grown 22 per cent during January-September this year, to Rs 28,300 crores, from Rs 23,200 crores a year ago, reflecting improved confidence among investors to … READ FULL STORY
Urbanisation in India, is increasing at a rapid pace. It is estimated that by 2030, over 40% of Indians will live in cities, accounting for a population of 600 million people. Consequently, it is … READ FULL STORY
Although not many developers may be willing to publicly admit it, the fact is that developers find it advantageous to have investors as anchors for their projects. Developers need money, even before they can … READ FULL STORY
While reviewing the implementation of smart city plans in the New Delhi Municipal Council (NDMC) area, union urban development minister, M Venkaiah Naidu, on November 2, 2016, asked the NDMC to convert Connaught Place … READ FULL STORY
Crowdfunding in the property market, the world over, is mostly associated with the commercial real estate segment. The most common forms of crowdfunding in the developed property markets, are debt and equity. In debt … READ FULL STORY
The Indian real estate sector, it seems, is yet to wake up to the benefits offered by technology, towards reducing operational and construction costs, maintaining timelines and tackling the labour crisis in the market. … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), has announced a further reduction in interest rates by 0.15% for its home loans up to Rs 75 lakhs, while ICICI Bank has unveiled an … READ FULL STORY
A senior officer of the Revenue Department, said that the land records of all villages of Delhi, except for villages in the north district, have been digitised and digitally signed from November 1, 2016. … READ FULL STORY
Wadala has undergone a significant transformation over the last decade, from largely being an industrial zone to an upcoming residential market. Its proximity to Bandra-Kurla Complex (BKC) spurred large-scale land development, thereby, fuelling the … READ FULL STORY
Often people pick booking under-construction properties over ready houses because of their lower rates. However, they do so without realising the risks involved; both, the income tax and financial implications. This feature deals with … READ FULL STORY
Private sector lender ICICI Bank announced a cut of 0.10% in its marginal cost of funds based lending rate (MCLR) across tenors. This was followed by a similar move by the country’s largest lender, … READ FULL STORY
When Anmol Prabhakar wanted to buy some furniture online for his new home, he realised that he would be unable to get the delivery of his purchase, as his home in Noida Extension did … READ FULL STORY
